"Guest post: not so fast with Turkish credit upgrade
October 5, 2010 10:45am
by beyondbrics
This post by Murat Üçer, an adviser to Global Source Partners, is the second of two that beyondbrics is publishing this week examining Turkey’s credit strength. The first is here.
The bullish case for Turkey’s credit ratings often starts with a comparison with countries whose ratings are markedly above Turkey’s but are now on the verge of sovereign default. The bulls then cite Turkey’s impressive growth rebound, economic policy record and low debt ratios, as well as its role as a dynamic regional power - and conclude that Turkey should be investment grade, no less."
More:Guest post: not so fast with Turkish credit upgrade | beyondbrics | FT.com
